Equity Commonwealth (NYSE:EQC) Short Interest Update

Equity Commonwealth (NYSE:EQC) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,510,000 shares, a growth of 5.6% from the May 31st total of 1,430,000 shares. Based on an average daily trading volume, of 834,400 shares, the short-interest ratio is currently 1.8 days. Approximately 1.4% of the company’s shares are sold short.

Equity Commonwealth Stock Up 0.7 %

NYSE:EQC traded up $0.13 during trading hours on Wednesday, reaching $19.37. The company had a trading volume of 295,631 shares, compared to its average volume of 882,150. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 24.47 and a beta of 0.28. The business’s 50-day simple moving average is $19.20 and its two-hundred day simple moving average is $19.04. Equity Commonwealth has a twelve month low of $17.93 and a twelve month high of $20.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Equity Commonwealth in the 4th quarter valued at $34,000. Van ECK Associates Corp raised its holdings in Equity Commonwealth by 48.5% during the 4th quarter. Van ECK Associates Corp now owns 3,085 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 1,008 shares during the last quarter. Signaturefd LLC raised its holdings in Equity Commonwealth by 82.6% during the 4th quarter. Signaturefd LLC now owns 4,909 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 2,221 shares during the last quarter. Covestor Ltd raised its holdings in Equity Commonwealth by 21.4% during the 1st quarter. Covestor Ltd now owns 7,083 shares of the real estate investment trust’s stock valued at $134,000 after buying an additional 1,250 shares during the last quarter. Finally, Graham Capital Wealth Management LLC bought a new stake in Equity Commonwealth during the 4th quarter valued at $195,000. 96.00% of the stock is currently owned by hedge funds and other institutional investors.

About Equity Commonwealth

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.